Carvana (CVNA) Return on Invested Capital (2021 - 2026)

Carvana (CVNA) recorded quarterly Return on Invested Capital of 0.01% in Q1 2026, down 7.07% quarter-over-quarter from 0.01% in Q4 2025, and down 1.0% on a YoY basis from 0.01% in Q1 2025.

Carvana (CVNA) Return on Invested Capital (2021 - 2026) Analysis & Trends

Carvana's Return on Invested Capital history runs 6 years deep, the most recent figure standing at 0.01% for Q1 2026.

  • In Q1 2026, Return on Invested Capital fell 1.0% year-over-year to 0.01%; the TTM figure through Mar 2026 stood at 0.01% (down 1.0% YoY), while the FY2025 annual figure was 0.01%, down 1.0% from the prior year.
  • Return on Invested Capital was 0.01% for Q1 2026 at Carvana, down from 0.01% in the prior quarter.
  • In the past five years, Return on Invested Capital ranged from a high of 0.25% in Q4 2022 to a low of 0.03% in Q1 2024.
  • Historically, Return on Invested Capital has averaged 0.01% across 5 years, with a median of 0.0% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Return on Invested Capital rose 25 bps in 2022, then retreated 24 bps in 2023.
  • A 5-year view of Return on Invested Capital shows it stood at 0.25% in 2022, then plunged by 94 bps to 0.01% in 2023, then slumped by 78 bps to 0.0% in 2024, then plunged by 335 bps to 0.01% in 2025, then declined by 7 bps to 0.01% in 2026.
  • The last three Return on Invested Capital figures came in at 0.01% (Q1 2026), 0.01% (Q4 2025), and 0.01% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn 0.00%
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn -0.01%
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 0.00%
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 0.00%
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 0.00%
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 0.00%
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 0.00%
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 0.00%
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 0.00%
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 0.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.01%
Dec 31, 2025 -0.01%
Sep 30, 2025 0.01%
Jun 30, 2025 0.01%
Mar 31, 2025 0.00%
Dec 31, 2024 0.00%
Sep 30, 2024 0.02%
Jun 30, 2024 0.02%
Mar 31, 2024 -0.03%
Dec 31, 2023 0.01%
Sep 30, 2023 0.00%
Jun 30, 2023 -0.01%
Mar 31, 2023 0.01%
Dec 31, 2022 0.25%
Sep 30, 2022 -0.01%
Jun 30, 2022 -0.01%
Mar 31, 2022 -0.01%
Dec 31, 2021 0.00%